The inaugural UK Utilities Risk Report, from Utility Week and Marsh, highlights the key issues keeping sector leaders awake at night. From cybersecurity to policy and regulatory blockers, extreme weather and price volatility, this report presents a snapshot of the key concerns for utilities.
Utility Week’s first risk report in conjunction with leading global risk and insurance broker Marsh comes at a time of immense challenge for utilities. Risks on registers have turned into reality as utility companies have battled the elements and began bracing themselves for a deluge of consumers unable to pay their bills.
To find out what is keeping sector leaders awake at night Utility Week polled a cross-section of the industry to get their views on a range of risk factors.
This report analyses the results and reveals the top concerns for utilities in a fast-moving world, grouped into the following categories:
- Policy and regulatory risks
- Societal risks
- Environmental risks
- Investment and skills risks
- Digital and security risks
As well as revealing the top risks on the sector’s radar, the report also includes in-depth interviews delving into the attitudes towards risks across these diverse topics and ways in which they could be tackled.
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